Bitcoin flashes 2024-like accumulation pattern – Analysts say $100K breakout could be next

• BTC fashioned an attention-grabbing accumulation sample seen earlier than 2024 rallies. 
• Lengthy-term holders scooped 150K BTC in April, whereas U.S. greenback liquidity recovered. 

Bitcoin [BTC] has flirted with the $97K stage for the primary time since February, bringing it solely 3.5% away from the $100K mark. Apparently, extra on-chain metrics prompt that $100K was inside attain. 

Particularly, CryptoQuant highlighted that the short-term holders’ (1 day to 1 week) accumulation pattern in Q2 2025 mirrored patterns that triggered value rallies in early and late 2024. 

Supply: CryptoQuant

The chart confirmed that at any time when short-term holder accumulation made the next excessive, it was adopted by a BTC value surge in Q1 and This fall 2024. Per CryptoQuant, 

“If this pattern continues within the quick time period, Bitcoin could also be on observe to interrupt above $100K and enter a robust upward section.”

Bitcoin’s bullish cues

Bitcoin mining system supplier, Blockware, shared an identical bullish outlook. The agency famous that long-term holder provide was rising. 

This meant the most important promoting strain from worthwhile long-term holders (held BTC for over 6 months) was easing. Actually, BTC analyst Robert Breedlove said, 

“Over the previous 30 days long-term holders have acquired ~150,000 extra BTC. Bitcoin is operating out of sellers within the $80k to $100k vary.”

Supply: Blockware

However maybe probably the most essential demand issue was the rebound in U.S. greenback liquidity. The Blockware chart confirmed a constructive correlation between BTC and U.S. liquidity. 

For instance, the huge spike in U.S. greenback liquidity in 2020-2021 led to the huge BTC rally to $69K from $3.5K. 

Supply: Blockware

The liquidity contracted in late 2024 and early 2025, however appeared to rebound in Q2 2025. If the liquidity pattern continues, it may improve BTC bids and gas additional upward momentum. 

On the value chart, the 4-hour Tremendous Pattern indicator was in ‘purchase’ mode on the time of writing. Apart from, value motion was above key shifting averages, suggesting that bulls had the market edge. 

Supply: BTC/USDT, TradingView

Taken collectively, on-chain and technical indicators leaned on the bulls’ facet, and an additional rally to $100K could possibly be probably within the quick time period.